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Is it Time to Dump Regis Corporation (RGS) Stock After it Is Lower By 2.06% in a Week?

Tuesday, July 05, 2022 10:46 AM | InvestorsObserver Analysts
Is it Time to Dump Regis Corporation (RGS) Stock After it Is Lower By 2.06% in a Week?

The market has been high on Regis Corporation (RGS) stock recently. RGS gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Regis Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on RGS!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With RGS Stock Today?

Regis Corporation (RGS) stock is trading at $0.95 as of 10:42 AM on Tuesday, Jul 5, a loss of -$0.08, or -8.16% from the previous closing price of $1.03. The stock has traded between $0.91 and $1.02 so far today. Volume today is less active than usual. So far 130,313 shares have traded compared to average volume of 2,371,215 shares. To see InvestorsObserver's Sentiment Score for Regis Corporation click here.

More About Regis Corporation

Regis Corp owns, franchises, and operates beauty salons throughout North America and the United Kingdom. The company's locations provide salon products and services to the mass market, including haircutting, styling, and hair coloring. The vast majority of Regis' salons are in strip malls, shopping centers, and Wal-Mart stores in North America and serve price-conscious customers. The company derives most of its revenue from these locations. The sale of products also contributes a relatively significant percentage of total sales. Regis also operates a smaller portfolio of premium salons across North America and the U.K. The company's major brands include SmartStyle, Cost Cutters, and Supercuts. Click Here to get the full Stock Report for Regis Corporation stock.

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